Yes, you can get a personal loan of up to Rs.20 lakhs from RBL Bank. 

Your personal loan eligibility is based on various factors like your income, age, existing liabilities, and more. 

Here is a snapshot of RBL Bank Personal Loans

Loan Amount

Rs.1 lakh up to Rs. 20 lakhs

Repayment Tenure

12 to 60 months

Security or Collateral

NIL

Interest Rates

14 to 23% p.a

Processing Fees

up to 3.5% of the loan value as a one-time processing fee

Prepayment/ foreclosure charges

  • Prepayments are allowed only a year after the first EMI
  • Prepaying between 13-18 months - fee of 5% of outstanding principal
  • Prepayment after 18 months - fee of 3% of outstanding principal

Overdue interest

If you skip or fail to pay your EMI on time, the bank will charge you 2% of the outstanding amount per month.

Learn more about RBL Bank Personal Loans here!